Posts Tagged: zoneusa

Low Inventory Drives Huge Price Increases for West Coast Condos

The value of new construction condominiums is up in downtown Los Angeles, San Francisco and downtown Seattle, according to The Mark Company Trend Sheets. The Mark Company reported the value of new construction condominiums in downtown Los Angeles inched up 1 percent in February, and was 26 percent higher than a year earlier. In San… Read more »

Florida Housing Market Continues to Stabilize

Florida’s housing market reported higher median prices, more new listings and the continued stabilization of inventory in January, according to the latest housing data released by Florida Realtors(R). Closed sales of single-family homes statewide totaled 16,087 last month, up 10 percent over January 2014. “Home price gains in areas across Florida mean that home equity… Read more »

New York City Proposes Pied-A-Terre Tax for Wealthy Absentee Condo Owners

Luxury real estate firms in New York City make a lot of money helping wealthy foreigners exploit the state’s tax laws–now some firms overseas want to share in the joy of being richly rewarded middlemen. The Times reports that real estate companies from Germany and London are expanding here to explicitly target New York’s “ever-expanding… Read more »

California Home Sales Drop, Driven By Low Inventory

A real estate research firm says California home sales plunged in July compared to the same time last year as buyers struggled to find something they could afford in the tight market. CoreLogic DataQuick said Thursday that about 40,000 new and resale houses and condos sold statewide in July. That’s down 8.7 percent from July… Read more »

Where is Long Beach’s Gayborhood?

Long Beach, California is basically one big gayborhood, but are there some neighborhoods that are a little gayer than others? For women, Trulia pinpoints a few places: Long Beach also hosts the six neighborhoods with the highest concentrations of female couples in the LA area. The top three are Belmont Heights (90814, $278), Plaza /… Read more »

Is San Diego a Big City, or a Small Town?

Size is relative, as we know. Without a point of comparison, we cannot say that anything is either “big” or “little.” But we’ve seen the city and county of San Diego alternately described as a “big city with a small town feel,” a “small town vibe in a big package” and a “big small town.”… Read more »

Will Marriage Equality Decisions Fuel California’s Real Estate Market?

The Supreme Court’s two decisions Wednesday supporting gay marriage could add fuel to California’s already hot housing market. “Married gay couples are going to have more confidence in making a home purchase,” predicted Nanette Lee Miller, West Coast partner-in-charge of assurance services at accounting firm Marcum in San Francisco. Striking down the federal Defense of… Read more »

Today’s Real Estate Report: The US Pacific Northwest

Today, in our ongoing series about local real estate markets, we’ll take a look at home sales and trends in the Pacific Northwest. First up, Idaho. Virtual-Strategy Magazine reports on Boise: Boise Idaho Real Estate will remain strong in 2013, according to BuildIdaho.com. “People who visit Idaho are amazed at everything from weather to business… Read more »

Today’s Real Estate Report: US Atlantic States

Today we’ll take a look at the real estate markets in states along the atlantic seaboard – Delaware, Georgia, Maryland, North Carolina, South Carolina, Virginia, Washington DC, and West Virginia: DELAWARE: Delmarva Now is reporting that state officials are considering disclosure for seaside properties that may be vulnerable to sea rise from climate change: A… Read more »

Phoenix Real Estate Turn-Around Continues

The housing market in Phoenix continued its run as one of the hottest real estate markets in the U.S. last month. Sales of previously owned homes and condominiums hit their highest level for a November in seven years. The median home price for the Phoenix area hit $167,500 last month, a four-year high, according to… Read more »

Tampa Home Prices at Highest Level in 2 Years

Home prices here climbed to their highest point in two years, extending hopes of a broad housing recovery in Tampa Bay and beyond, according to new Standard & Poor’s Case-Shiller home price indexes released Wednesday. Home prices in October, the most recent month for data, rose nearly 6 percent from last year in Tampa Bay,… Read more »

Home Prices Rise in Greater DC Area

Home sales and average prices across the District of Columbia and its inner suburbs were up in November, with significantly lower inventory apparently spurring fence-sitters into the market before the arrival of winter. A total of 3,556 homes sold last month across the inner D.C. core, up 21.5 percent from the 2,926 transactions that occurred… Read more »

Tucson Home Sales Up, Prices Down in October

The average sale price for homes in Tucson dropped in October to $175,850. The average sale price in September was $182,041. But sales of homes increased more than 14 percent in that same period, monthly statistics from the Tucson Association of Realtors Multiple Listing Service show. At Gay Realty Watch, we look for news to… Read more »

Florida’s Real Estate Market Continued to Improve in October

Pending sales, closed sales and median prices rose, while the inventory of homes and condos for sale dropped in Florida’s housing market in October, according to the latest housing data released by Florida Realtors(R). “With Thanksgiving just around the corner, we have a lot to be thankful for here in Florida,” said 2012 Florida Realtors… Read more »

New Mexico Home Sales Up 9% in August

August home sales statewide rose more than 9 percent, according to the Realtors Association of New Mexico. There were 1,440 sales reported to RANM for the month. Median prices continue to be influenced by short sale volume. The August 2012 median of $169,773 is 3.5 percent higher than the August 2011 median of $164,000. At… Read more »

California’s Home Sales Up in August From July, Down From 2011

California pending home sales rose in August from July, but a continuing shortage of housing inventory sent pending sales lower from the previous year. Additionally, the lack of supply, particularly of REO properties, sent the share of equity sales to its highest level in four years, CALIFORNIA ASSOCIATION OF REALTORS(R) (C.A.R.) reported today. Pending home… Read more »

California Home Sales Up 9% in May

Monthly sales of new and existing homes in California continued to follow the traditional spring selling pattern, increasing by over nine percent from the previous month, while home prices showed solid gains for a third consecutive month according to real estate information provider DataQuick. An estimated total of 41,790 new and existing homes and condos… Read more »

What to Do if You’re Rejected for a Mortgage

Lenders have been much stricter lately when it comes to giving out home loans. A person could previously get a home loan much easier than nowadays. Many people have been denied a home loan for various reasons. Here are the top reasons potential homebuyers are denied a mortgage: Insufficient income This reason is fairly obvious,… Read more »